Hacker Read

kypro | karma 7946 | avg karma 4.83 · 2023-11-24 06:39:41

It amazes me that the "labour shortage" argument is still in play. You'd think after years of importing tens of millions of people someone might have asked, "have we fixed the labour shortage yet?".

FirmwareBurner | karma 7715 | avg karma 2.62 · 2023-11-24 06:58:10

There will always be a labor shortage as long as labor costs are greater than zero. /s

voisin | karma 15193 | avg karma 4.23 · 2023-11-24 07:04:45

It does not have to be zero. It just has to be less than the marginal profitability of a new hire. Those can converge at a number higher than zero.

FirmwareBurner | karma 7715 | avg karma 2.62 · 2023-11-24 07:31:44

I was being sarcastic. But yes you're right.

kawhah | karma 306 | avg karma 2.89 · 2023-11-24 07:27:33

The headline says that this year was the largest increase in population since 1962. That increase was 1% or ~600,000 people.